Securities Laws (Amendment) Bill 2014 Inroduced in Lok Sabha; Makes Provision for Empowering SEBI to Initiate Action Against Unregulated Deposit Taking and Ponzi Schemes ; to call for Relevant Information and Records From any Person Among Others https://www.taxtmi.com/news?id=13227 The Bill empowers the securities regulator to call for information and records, seeks disgorgement, deems pooling of funds in certain unregistered schemes to be a collective investment scheme, and provides express powers for settlement (compounding), recovery of amounts and establishment of special courts. It also enhances the penalty framework by allowing the regulator to increase penalties imposed by adjudicating officers and by prescribing minimum penalties for specified violations. en-us Tue, 05 Aug 2014 10:18:43 +0530 Tue, 05 Aug 2014 10:18:43 +0530 TaxTMI RSS Generator Securities Laws (Amendment) Bill 2014 Inroduced in Lok Sabha; Makes Provision for Empowering SEBI to Initiate Action Against Unregulated Deposit Taking and Ponzi Schemes ; to call for Relevant Information and Records From any Person Among Others https://www.taxtmi.com/news?id=13227 The Bill empowers the securities regulator to call for information and records, seeks disgorgement, deems pooling of funds in certain unregistered schemes to be a collective investment scheme, and provides express powers for settlement (compounding), recovery of amounts and establishment of special courts. It also enhances the penalty framework by allowing the regulator to increase penalties imposed by adjudicating officers and by prescribing minimum penalties for specified violations. News - Tue, 05 Aug 2014 10:18:43 +0530 https://www.taxtmi.com/news?id=13227